In hot infill we pay 100  to 200k just for the lots.. in the lower end price points were 95% of the sales if not 100% are to investors the values are only going to follow the 1% rule type of thing even though U dont use cap rate for SFRs the reality is the investor does.. and will only pay for a given rent..

It’s easy to get approved after u have 1-2 years of income.

Any positive/negatives u can provide would be helpful.

My current U/C price is $279,999 after all down payments I’m looking at financing $271,000.

This will put u in a position to buy when everything is on sale.   

Happy to talk shop with u. 

I mean even if you bought a good property if U sell it in a year or two sales costs will create a loss in almost all instances.. real estate usually has to be held 5 to 10 years in these types of markets to break even on the resale or make a profit.

because depreciation the rental will give u nice tax break talk cpa find out what get u best best result and on the llc question it also worth it because it allows u to hold upto 55k tax free annually  in a solo k 401k

Libs, Fishtown, south Philly, Brewerytown, outskirts of U-City), buy and hold markets (Olney, Strawberry Mansion, Germantown, Cobbs) and then the neighborhoods that function as both flip and rentals (which usually means the BRRR gold mine reigons) like Cedar Park, Sharswood, Port Richmond, E.

@Erik Whiting  I get the U cant eat equity.. rationale.. but there are other uses for equity that are not really talked about on BP simply becasue 95% of the folks here are in one asset class rental houses or units.In other real estate endevours equity is a critical part to enable one to take down different types of debt IE construction and development loans.